The U.S. and its Gulf allies on Wednesday announced sanctions against Islamist militant political party Hezbollah, citing its involvement with Iran.

Wednesday's sanctions targeted members of the primary decision-making body of Hezbollah, Treasury said in a statement.

The military wing of Lebanon's Hezbollah and Hezbollah Deputy Secretary General Naim Qassem are among the designated terrorist entities.

Sayyed is the head of "Hezbollah's" Political Council.

The US and Saudi-led Terrorist Financing and Targeting Center said the sanctions were aimed at Hezbollah's Shura Council, the powerful Lebanese terrorist group's decision-making council, led by the Shiite group's secretary-general Hassan Nasrallah. He is the current leader of the Judicial Council and has overseen a military command in central Lebanon that provides logistical and training support to "Hezbollah".

Since then, the movement has helped the national army retake the occupied regions from Tel Aviv and thwart two Israeli acts of aggression in 2000 and 2006.

The move comes one day after the Treasury Department slapped sanctions on the governor of Iran's central bank, alleging it had funneled funds to Hezbollah, which the US considers a terrorist group.

On Tuesday, the U.S. imposed sanctions on Iran's central bank governor and an Iraq-based bank for "moving millions of dollars" for Iran's Revolutionary Guard.

In particular, the black list includes the leader of "Hezbollah" Hassan Nasrallah and Qassem, and several members of the Executive Committee of the group.

It was the third round of sanctions announced by Washington since the U.S. pulled out of the 2015 Iran nuclear deal in defiance of global warnings for the White House not to harm the landmark agreement. They call the Shia group a terrorist organization.

The announcement followed two United States moves in the past week to put pressure on Iran's financial networks, including sanctions announced Tuesday that aimed at an alleged financial pipeline that moved "hundreds of millions of dollars" from Iran's central bank through an Iraqi bank to Hezbollah.

Last week, the US Treasury Department imposed sanctions against six individuals and three companies it said were funneling millions of dollars to the Revolutionary Guard's external arm, Quds Force.